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Author Topic: BTC at $435. Is it sustainable?  (Read 10790 times)
RodeoX
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April 27, 2016, 02:39:40 PM
 #161

Apparently no. It just can't hold as such a low price.

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parmatiya
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April 29, 2016, 07:33:25 AM
 #162

Apparently no. It just can't hold as such a low price.

That is right. The bitcoin price at $435 is the bottom for the recent transactions. it dropped from $470 and bounce before $435.

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April 29, 2016, 07:27:15 PM
 #163

Apparently no. It just can't hold as such a low price.

That is right. The bitcoin price at $435 is the bottom for the recent transactions. it dropped from $470 and bounce before $435.

The bitcoin price just rose to $453. It is quite fast rebound. It seems bitcoin has very good buy support.
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May 02, 2016, 06:57:07 AM
 #164

The $440 is the new bottom. The price always bounces back from that range. So I think 4435 is also sustainable.
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May 02, 2016, 10:10:32 AM
 #165

The $440 is the new bottom. The price always bounces back from that range. So I think 4435 is also sustainable.
yeah the bottom value can be $400 and surely not below that, the price hovers around this value and gradually increases day by day and at the time of halving it goes upto $800 and can be even above.

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May 03, 2016, 06:46:04 PM
 #166

The $440 is the new bottom. The price always bounces back from that range. So I think 4435 is also sustainable.
yeah the bottom value can be $400 and surely not below that, the price hovers around this value and gradually increases day by day and at the time of halving it goes upto $800 and can be even above.

The bottom can be from $400 to $430. The $400 has been tested many times, so it is very solid. The price will not drop below it.
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May 13, 2016, 01:59:50 PM
 #167

The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.
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May 13, 2016, 04:45:10 PM
 #168

The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.
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May 19, 2016, 06:33:09 PM
 #169

The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.

It will still take a few weeks or months for the price to go higher than $500. It is very stable below $500.

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May 19, 2016, 06:39:06 PM
 #170

The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.

It will still take a few weeks or months for the price to go higher than $500. It is very stable below $500.

For today yes, but if we will talk about what halving can really bring to the price, $500 is really a must to happen as a new bottom rather than going back again for below $500 range.
romero121
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May 20, 2016, 12:45:55 PM
 #171

The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.

It will still take a few weeks or months for the price to go higher than $500. It is very stable below $500.

Yeah the price $500 is not near. It takes more time as you have suggested because the price is getting stable for a long time. The price is much closer to the $435 tag, so in the coming days if price goes down to $435 value might be stable for even more time.
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May 20, 2016, 12:55:33 PM
 #172

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?

We're doing pretty good, OP. Up almost $7 since you posted half a year ago.
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May 20, 2016, 01:32:03 PM
 #173

Bitcoin is getting more worth and that is nice because you also see now that there are a lot of people now that is holding their coin so that is really nice for the Bitcoin itself.
But some people says that it is rising now but it is now rising slowly and it needs to to reach a higher value.
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May 20, 2016, 01:42:16 PM
 #174

The price is $435 in some exchanges today. So the consolidation period is almost 6 months. The price will rise high.
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May 20, 2016, 01:47:37 PM
 #175

Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

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randy8777
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May 20, 2016, 02:09:22 PM
 #176

Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.
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May 23, 2016, 01:03:04 PM
 #177

Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

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May 25, 2016, 08:32:36 AM
 #178

Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.
agustina2
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May 25, 2016, 03:41:58 PM
 #179

Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.

Honestly with no doubt, the resolvement of the block size issue that held a debate for a long time is one of the factor of the new changes in bitcoin that can increase the hopes of it's users. With this factor, really expect a high price plus the upcoming halving. So it will be really multiple major events in bitcoin.
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May 25, 2016, 11:57:22 PM
 #180

Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.

Given all the drama around the block size, confirmed news about it being resolved (even in the future) will lead to the price shooting up.
I will believe news about changes to the block size when it actually happens.  Smiley

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